EFDID: 47842EFD: Raw Data

Issuer: PARALLAX CAPITAL PARTNERS L P (0001091887) - D/A

Accession: 0001315863-14-000058 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Jan. 30, 2014
EFD Posted: Aug. 7, 2014
- < edgarSubmission >
  < schemaVersion > X0707 </ schemaVersion >
  < submissionType > D/A </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001091887 </ cik >
  < entityName > PARALLAX CAPITAL PARTNERS L P </ entityName >
- < issuerAddress >
  < street1 > 5718 WESTHEIMER SUITE 955 </ street1 >
  < city > HOUSTON </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 77057 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > 713-400-4555 </ issuerPhoneNumber >
  < jurisdictionOfInc > TEXAS </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < value > None </ value >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Limited Partnership </ entityType >
- < yearOfInc >
  < overFiveYears > true </ overFiveYears >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > John </ firstName >
  < middleName > Paul </ middleName >
  < lastName > Bott II </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 5718 Westheimer </ street1 >
  < street2 > Suite 955 </ street2 >
  < city > Houston </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 77057 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Promoter </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Mr. Bott is the managing member of Parallax Investments, L.L.C., the investment manager and the general partner of Parallax Capital, L.P. Parallax Capital, L.P. is the general partner of the Issuer. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > N/A </ firstName >
  < lastName > Parallax Capital, L.P. </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 5718 Westheimer </ street1 >
  < street2 > Suite 955 </ street2 >
  < city > Houston </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 77057 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Promoter </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Parallax Capital, L.P. is the general partner of the Issuer. </ relationshipClarification >
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Pooled Investment Fund </ industryGroupType >
- < investmentFundInfo >
  < investmentFundType > Hedge Fund </ investmentFundType >
  < is40Act > false </ is40Act >
  </ investmentFundInfo >
  </ industryGroup >
- < issuerSize >
  < aggregateNetAssetValueRange > Decline to Disclose </ aggregateNetAssetValueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06b </ item >
  < item > 3C </ item >
  < item > 3C.1 </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > true </ isAmendment >
  < previousAccessionNumber > 0001315863-13-000014 </ previousAccessionNumber >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 1998-12-21 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > true </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isPooledInvestmentFundType > true </ isPooledInvestmentFundType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 100000 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Miller Global Investments LLC </ recipientName >
  < recipientCRDNumber > 114683 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 2200 Ross Avenue Suite 4600 </ street1 >
  < city > Dallas </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 75201 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > TX </ state >
  < description > TEXAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > William Moritz </ recipientName >
  < recipientCRDNumber > 500805 </ recipientCRDNumber >
  < associatedBDName > Tri-Star Financial </ associatedBDName >
  < associatedBDCRDNumber > 32458 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 5718 Westheimer Suite 950 </ street1 >
  < city > Houston </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 77057 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > TX </ state >
  < description > TEXAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > William Payne </ recipientName >
  < recipientCRDNumber > 2294559 </ recipientCRDNumber >
  < associatedBDName > Tri-Star Financial </ associatedBDName >
  < associatedBDCRDNumber > 32458 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 5718 Westheimer Suite 950 </ street1 >
  < city > Houston </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 77057 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > NY </ state >
  < description > NEW YORK </ description >
  < state > TX </ state >
  < description > TEXAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Jon Vaughan </ recipientName >
  < recipientCRDNumber > 2449905 </ recipientCRDNumber >
  < associatedBDName > Tri-Star Financial </ associatedBDName >
  < associatedBDCRDNumber > 32458 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 5718 Westheimer Suite 950 </ street1 >
  < city > Houston </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 77057 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > NM </ state >
  < description > NEW MEXICO </ description >
  < state > TX </ state >
  < description > TEXAS </ description >
  < state > CO </ state >
  < description > COLORADO </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Jonathan Platon </ recipientName >
  < recipientCRDNumber > 2788921 </ recipientCRDNumber >
  < associatedBDName > Tri-Star Financial </ associatedBDName >
  < associatedBDCRDNumber > 32458 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 5718 Westheimer Suite 950 </ street1 >
  < city > Houston </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 77057 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > TX </ state >
  < description > TEXAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > John Bott </ recipientName >
  < recipientCRDNumber > 500759 </ recipientCRDNumber >
  < associatedBDName > Tri-Star Financial </ associatedBDName >
  < associatedBDCRDNumber > 32458 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 5718 Westheimer Suite 950 </ street1 >
  < city > Houston </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 77057 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > TX </ state >
  < description > TEXAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > Indefinite </ totalOfferingAmount >
  < totalAmountSold > 6737775 </ totalAmountSold >
  < totalRemaining > Indefinite </ totalRemaining >
  < clarificationOfResponse > The total amount sold is through December 31, 2013. </ clarificationOfResponse >
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 54 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 398485 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse > These management fees were charged during the life of the fund and paid to the General Partner and/or the Registered Investment Manager and then distributed as sales compensation. </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 276802 </ dollarAmount >
  </ grossProceedsUsed >
  < clarificationOfResponse > The investment manager is entitled to a management fee. The general partner is entitled to a performance allocation. The management fee and performance allocation are fully disclosed in the Issuer's confidential offering materials. </ clarificationOfResponse >
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > PARALLAX CAPITAL PARTNERS L P </ issuerName >
  < signatureName > /s/ John P. Bott II </ signatureName >
  < nameOfSigner > John P. Bott II </ nameOfSigner >
  < signatureTitle > Managing Member of Parallax Investments, L.L.C. </ signatureTitle >
  < signatureDate > 2014-01-30 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Jan. 30, 2014
EFD Posted: Aug. 7, 2014